NOT LISTED FOR SALE

848 Lachman Ln Pacific Palisades, CA 90272

Estimated Value: $4,020,000 - $5,980,129

5 Beds
4.5 Baths
4,433 Sq Ft
$1,104/Sq Ft Est. Value

Last Sold August 20, 2021

Last sale price $5,699,000 $1,286 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $32,411/month

41 Days on Market

Highlights

  • Ocean View
  • Spa
  • Dual Staircase
  • Wine Cellar
  • Updated Kitchen
  • Multi-Level Bedroom

About This Home

As of August 2021

VIEWS and MORE VIEWS explode from nearly every room of this privately gated and spectacularly renovated home! Professionally designed from top to bottom. The embodiment of clean lines, functional space and fresh modern design that offers special upgrades and an abundance of natural light throughout. Large open paned energy efficient windows on every level capture the truly breathtaking ocean and city views. French white oak floors lead to the chefs kitchen with professional grade Thermador appliances, custom oak cabinetry, oversized center island with quartz countertops and custom glass wine storage. Three secondary bedrooms, powder room, laundry/utility room and primary suite all conveniently on the main level. Secluded primary suite offers sensational views of the Queens Necklace and Catalina. Primary bathroom has custom oak vanity with dual sinks and brass fixtures, large oval soaking tub, oversized shower and two walk in closets. Step down to the formal living room where volume ceilings, a large fireplace, custom built in shelving and large glass doors flood the room with views to the sweeping horizon. Glass and wood stairway off the formal living room leads down to a separate bonus room equipped with builtin bunk beds, mini bar plus one bedroom and bath. This is the perfect additional and versatile living space for a media room, game room, office or ADU. Multileveled decks and patios create a myriad of areas for outdoor entertainment opportunities. Room for a pool.

Last Agent to Sell the Property

Catherine Scully

Compass License #01434342 Listed on: 04/01/2021

Compass

Co-Listed By

Melissa Bladow

Compass License #01825131

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $71,433

Year Built

  • Built in 2020 | Remodeled

Lot Details

  • 0.28 Acre Lot
  • Wrought Iron Fence
  • Block Wall Fence
  • Landscaped
  • Flag Lot
  • Lot Sloped Down
  • Front and Back Yard Sprinklers
  • Density is up to 1 Unit/Acre
  • Property is zoned LAR1

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Single Garage Door
  • Driveway Down Slope From Street

Property Views

  • Ocean
  • Catalina
  • City Lights

Home Design

  • Modern Architecture
  • Split Level Home
  • Turnkey
  • Raised Foundation
  • Shingle Roof
  • Composition Roof
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 4,433 Sq Ft Home
  • 2-Story Property
  • Dual Staircase
  • Bar
  • Recessed Lighting
  • ENERGY STAR Qualified Windows
  • Wine Cellar
  • Family Room
  • Living Room with Fireplace
  • Game Room
  • Wood Flooring
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Double Oven
  • Gas Oven
  • Six Burner Stove
  • Built-In Range
  • Range Hood
  • Microwave
  • Freezer
  • Kitchen Island
  • Quartz Countertops
  • Utility Sink
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms | 4 Main Level Bedrooms
  • Primary Bedroom on Main
  • All Upper Level Bedrooms
  • Multi-Level Bedroom
  • Walk-In Closet
  • Jack-and-Jill Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Soaking Tub
  • Separate Shower

Home Security

  • Home Security System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Outdoor Features

  • Spa
  • Deck
  • Patio

Utilities

  • High Efficiency Air Conditioning
  • Zoned Heating and Cooling
  • 220 Volts
  • Natural Gas Connected
  • Tankless Water Heater
  • Cable TV Available

Additional Features

  • ENERGY STAR Qualified Equipment
  • Suburban Location

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 67
  • Tax Tract Number 17592
  • Assessor Parcel Number 4419008025

Home Details

Home Type

Single Family

Est. Annual Taxes

$71,433

Year Built

Built in 2020 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Fire Sprinkler System, Security System, Smoke Detector(s)
  • View: Yes
  • Zoning: LAR1
  • Architectural Style: Modern
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4419008025
  • Year Built: 2020
  • Special Features: NewHome

Interior Features

  • Fireplace: Yes
  • Living Area: 4433.00 Square Feet
  • Interior Amenities: 2 Staircases, Bar, Copper Plumbing Full, Recessed Lighting
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 5
  • Eating Area: In Kitchen
  • Fireplace Features: Living Room
  • Levels: Multi/Split
  • Main Level Bathrooms: 4
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 1285.59
  • Room Type: All Bedrooms Up, Family Room, Game Room, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Multi-Level Bedroom, Walk-In Closet, Wine Cellar
  • Window Features: ENERGY STAR Qualified Windows
  • Bathroom Features: Bathtub, Shower, Double Sinks In Master Bath, Hollywood Bathroom (Jack&Jill), Separate Tub And Shower, Soaking Tub
  • Room Kitchen Features: Kitchen Island, Quartz Counters, Remodeled Kitchen, Utility Sink

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • View: Catalina, City Lights, Ocean
  • Fence: Yes
  • Fencing: Block, Wrought Iron
  • Patio And Porch Features: Deck
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Paved, Driveway Down Slope From Street, Garage - Single Door
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Built-In Range, Double Oven, Freezer, Disposal, Gas Oven, Gas Range, Microwave, Range Hood, Tankless Water Heater
  • Electric: 220 Volts, Electricity - On Property
  • Heating Type: Central, Fireplace(s)
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Zoned, Energy Star Qualified Equipment, High Efficiency
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Suburban

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Sloped Down, Landscaped, Lot 10000-19999 Sqft, Flag Lot, Sprinklers In Front, Sprinklers In Rear
  • Lot Size Sq Ft: 12068.00
  • Lot Size Acres: 0.2770

Multi Family

  • Lease Considered: No
  • Lot Size Area: 12068.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 2626.04
  • Tax Lot: 67
  • Tax Tract Number: 17592

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 27, 2021
Sold by
848 Partners Llc
Bought by
Huff James Murray and Leung Shirley Jane
Current Estimated Value
$4,893,710

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,274,250
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 27, 2018
Closed on
May 17, 2018
Sold by
Lambert Barbara G
Bought by
848 Partners Llc
Seller's Agent
Anthony Marguleas
Amalfi Estates
Buyer's Agent
Margaret Bradley
Douglas Elliman of California, Inc.
List Price
$2,295,000
Sold Price
$2,335,000
Premium/Discount to List
$40,000
1.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.86%
Original Mortgage
$350,000
Interest Rate
4.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 23, 2006
Sold by
Lambert David D and Lambert Barbara G
Bought by
Lambert Barbara G

Purchase Details

Closed on
Aug 29, 2005
Sold by
Lambert David D and Lambert Barbara G
Bought by
Lambert David D
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Huff James Murray $5,699,000 Lawyers Title
848 Partners Llc $2,335,000 Usa National Title Company
Lambert Barbara G -- None Available
Lambert David D -- --
Lambert David D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Huff James Murray $4,274,250
Previous Owner 848 Partners Llc $2,793,725
Previous Owner 848 Partners Llc $350,000
Previous Owner 848 Partners Llc $1,400,000
Previous Owner 848 Partners Llc $350,000
Previous Owner 848 Partners Llc $1,400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2021 08/20/21 Sold $5,699,000 0.0% $1,286 / Sq Ft
05/12/2021 05/12/21 Pending -- -- --
04/01/2021 04/01/21 For Sale $5,699,000 +144.1% $1,286 / Sq Ft
07/05/2018 07/05/18 Sold $2,335,000 +1.7% $1,165 / Sq Ft
05/19/2018 05/19/18 Pending -- -- --
04/27/2018 04/27/18 For Sale $2,295,000 -- $1,145 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $71,433 $4,689,743 $2,462,003 $2,227,740
2024 $71,433 $5,929,239 $3,017,160 $2,912,079
2023 $70,025 $5,812,980 $2,958,000 $2,854,980
2022 $66,728 $5,699,000 $2,900,000 $2,799,000
2021 $30,204 $2,538,731 $1,925,099 $613,632
2020 $30,521 $2,381,700 $1,905,360 $476,340
2019 $27,785 $2,335,000 $1,868,000 $467,000
2018 $2,023 $152,069 $83,574 $68,495
2016 $1,917 $146,166 $80,330 $65,836
2015 $1,891 $143,972 $79,124 $64,848
2014 $1,909 $141,153 $77,575 $63,578
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR21067580

California Regional Multiple Listing Service (CRMLS)

APN: 4419-008-025